Coinspeaker
Dec 2, 2025
5 0

SHIB Trades Below $0.000008 as Death Cross Emerges in Chart

SHIB Price Analysis: Death Cross Formation

  • SHIB is trading below $0.000008, near the lower boundary of its November range.
  • A death cross has emerged on the hourly chart, where the 50-hour MA falls below the 200-hour MA, indicating a potential bearish pullback.
  • The green demand zone between $0.00000770 and $0.00000785 remains critical support.
  • If the price breaks above the descending trendline, it could move toward resistance at $0.00000840, with potential further gains to $0.00000900 and $0.000010.

SHIB Price Chart

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